Wilmar International (Germany) Market Value
| RTHA Stock | EUR 2.10 0.04 1.87% |
| Symbol | Wilmar |
Wilmar International 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Wilmar International's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Wilmar International.
| 12/07/2023 |
| 12/01/2024 |
If you would invest 0.00 in Wilmar International on December 7, 2023 and sell it all today you would earn a total of 0.00 from holding Wilmar International Limited or generate 0.0% return on investment in Wilmar International over 360 days. Wilmar International is related to or competes with Wayside Technology, Computer, AECOM TECHNOLOGY, GUARDANT HEALTH, SCOTT TECHNOLOGY, X Fab, and ATRYS HEALTH. Wilmar International Limited operates as an agribusiness company in Singapore, the Peoples Republic of China, Indonesia,... More
Wilmar International Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Wilmar International's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Wilmar International Limited upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.07) | |||
| Maximum Drawdown | 14.5 | |||
| Value At Risk | (3.54) | |||
| Potential Upside | 3.07 |
Wilmar International Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Wilmar International's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Wilmar International's standard deviation. In reality, there are many statistical measures that can use Wilmar International historical prices to predict the future Wilmar International's volatility.| Risk Adjusted Performance | 0.006 | |||
| Jensen Alpha | 0.0363 | |||
| Total Risk Alpha | (0.35) | |||
| Treynor Ratio | 0.0292 |
Wilmar International Backtested Returns
Wilmar International shows Sharpe Ratio of -4.0E-4, which attests that the company had a -4.0E-4% return per unit of risk over the last 3 months. Wilmar International exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Wilmar International's Standard Deviation of 2.05, mean deviation of 1.21, and Market Risk Adjusted Performance of 0.0392 to validate the risk estimate we provide. The firm maintains a market beta of -0.37, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Wilmar International are expected to decrease at a much lower rate. During the bear market, Wilmar International is likely to outperform the market. At this point, Wilmar International has a negative expected return of -8.0E-4%. Please make sure to check out Wilmar International's treynor ratio, skewness, and the relationship between the total risk alpha and potential upside , to decide if Wilmar International performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.20 |
Weak predictability
Wilmar International Limited has weak predictability. Overlapping area represents the amount of predictability between Wilmar International time series from 7th of December 2023 to 4th of June 2024 and 4th of June 2024 to 1st of December 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Wilmar International price movement. The serial correlation of 0.2 indicates that over 20.0% of current Wilmar International price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.2 | |
| Spearman Rank Test | -0.28 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Wilmar International lagged returns against current returns
Autocorrelation, which is Wilmar International stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Wilmar International's stock expected returns. We can calculate the autocorrelation of Wilmar International returns to help us make a trade decision. For example, suppose you find that Wilmar International has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Wilmar International regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Wilmar International stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Wilmar International stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Wilmar International stock over time.
Current vs Lagged Prices |
| Timeline |
Wilmar International Lagged Returns
When evaluating Wilmar International's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Wilmar International stock have on its future price. Wilmar International autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Wilmar International autocorrelation shows the relationship between Wilmar International stock current value and its past values and can show if there is a momentum factor associated with investing in Wilmar International Limited.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Wilmar Stock
Wilmar International financial ratios help investors to determine whether Wilmar Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Wilmar with respect to the benefits of owning Wilmar International security.